Cypress Capital Management LLC WY Sells 409 Shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Cypress Capital Management LLC WY trimmed its stake in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,822 shares of the company’s stock after selling 409 shares during the period. Cypress Capital Management LLC WY owned about 0.08% of Aberdeen Standard Physical Platinum Shares ETF worth $733,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in PPLT. SG Americas Securities LLC grew its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 112.1% during the 4th quarter. SG Americas Securities LLC now owns 115,715 shares of the company’s stock worth $9,610,000 after acquiring an additional 61,159 shares in the last quarter. Prospector Partners LLC grew its position in Aberdeen Standard Physical Platinum Shares ETF by 1.9% in the third quarter. Prospector Partners LLC now owns 93,933 shares of the company’s stock valued at $8,435,000 after purchasing an additional 1,758 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Aberdeen Standard Physical Platinum Shares ETF by 14.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 48,304 shares of the company’s stock valued at $4,338,000 after buying an additional 6,167 shares during the last quarter. Lake Hills Wealth Management LLC lifted its position in Aberdeen Standard Physical Platinum Shares ETF by 12.3% during the 4th quarter. Lake Hills Wealth Management LLC now owns 46,387 shares of the company’s stock worth $3,852,000 after buying an additional 5,085 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 15.3% during the 3rd quarter. Stifel Financial Corp now owns 28,119 shares of the company’s stock worth $2,525,000 after buying an additional 3,731 shares during the last quarter.

Aberdeen Standard Physical Platinum Shares ETF Stock Performance

Shares of NYSEARCA PPLT opened at $88.76 on Friday. Aberdeen Standard Physical Platinum Shares ETF has a fifty-two week low of $80.09 and a fifty-two week high of $100.00. The business has a 50-day moving average of $85.93 and a 200-day moving average of $87.81.

About Aberdeen Standard Physical Platinum Shares ETF

The abrdn Physical Platinum Shares ETF (PPLT) is an exchange-traded fund that is based on the Platinum London PM Fix index. The fund tracks the platinum spot price, less trust expenses, using platinum bullion. PPLT was launched on Jan 8, 2010 and is managed by Abrdn.